Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

755 Francesca Drive 201

Walnut, CA, 91789

1 / 29View all 29 photos

$469,000

MLS: RS25234411

Beds

2

Baths

2

Sq Ft

1,102

Lot

2.78 ac

Year Built

2004

MLS #

RS25234411

Days on Market

168

Listed

Oct 31, 2025

Description

Price Reduction - Affordable Homeownership Opportunity. Welcome to Walnut Grove, a gated 55+ income-restricted community. Beautifully remodeled 2-bedroom, 2-bath condo offering approximately 1,102 sq. ft., this larger floor plan features an upgraded kitchen and bathrooms, laminate wood and ceramic flooring, plantation shutters, and a more open, functional layout. Enjoy a spacious primary bedroom with an ensuite heated bathroom, walk-in closet, and a laundry closet with newer stackable washer/dryer. Second floor access via elevator, providing convenient access for individuals with mobility needs. Community amenities include a pool, spa, storage space and clubhouse for private gatherings. Conveniently located near shopping, restaurants, and freeways. Subject to approval by The Walnut Housing Authority - income restrictions apply. Buyer must meet income and asset requirements. Primary residents only - no investors. Please contact agent for further details.

Location

Walnut, Los Angeles County, CA 91789

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Listed by: Cecilia Lam · The Real Estate Group

Payment estimate

$3,558

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $46,900 · Loan: $422,100

%
Principal & Interest
$2,593
Property tax (1.25%)
$489
Homeowners insurance
$300
Mortgage insurance
$176
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Walnut home with as little as 3.5% down using an FHA loan — roughly $16,415 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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